Published on 10 Jan 2022 on Zacks via Yahoo Finance
Skyworks Solutions (SWKS) closed at $154.09 in the latest trading session, marking a -0.08% move from the prior day. This change was narrower than the S&P 500's daily loss of 0.14%. At the same time, the Dow lost 0.45%, and the tech-heavy Nasdaq lost 0.02%.
Prior to today's trading, shares of the chipmaker had lost 5.09% over the past month. This has was narrower than the Computer and Technology sector's loss of 5.82% and lagged the S&P 500's loss of 0.13% in that time.
Skyworks Solutions will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $3.11, down 7.44% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.5 billion, down 0.51% from the year-ago period.